Ultra-Thin Glass Market Forecast to 2028,China CNC Glass Cutting Machine Factory,CNC Ultra Thin Mirror Cutting Machine,Glass Cutting Machine
The global ultra-thin glass market was valued at US$ 6,139. 56 million in 2020 and is projected to reach US$ 15,264. 74 million by 2028; it is expected to grow at a CAGR of 11. 5% from 2021 to 2028.
Ultra-thin glass is those glass whose thickness is below 1-2mm.Chemical strengthening via ion exchange is commonly used to reinforce ultra-thin glass used for high-tech applications.insulating glass machine,china glass machine,glass washing machine,heated roller press,air float application table,low-e edge deleting machine,manual edge roller press,manual glass corner grinding machine,cnc glass drilling machine,cnc glass corner grinding machine,cnc glass cutting machine,ceramic rollers automatic cleaing robot,pvc window machine,aluminum window machine,glass protective film laminating machine,glass film coating machine,vaccum suckers,glass storage racks,warm edge spacer,warm edge duraseal spacer,wamr edge swiggle spacer,warm edge super spacer,super spacer insulating glass machine,cold roller press machine.
Hardened ultra-thin glass is scratch-resistant and bendable up to a radius of a few millimeters. The properties of ultra-thin glass such as corrosion resistance, transparency, flexibility, excellent gas and water barrier, and high impact resistance make it suitable for various applications such as flat panel displays, automotive glazing, among others.CNC Ultra Thin Mirror Cutting Machine,CNC Glass Cutting machine,Ultra Thin Glass Cutting Machine,Ultra thin Mirror Cutting Machine,Glass Cutting machine,Mirror cutting machine.
Based on application, the ultra-thin glass market is segmented into semiconductor substrate, flat panel displays and touch control devices, automotive glazing, and others.In 2020, the flat panel displays and touch control devices segment dominated the market.
Ultra-Thin Glass Market Forecast to 2028,China Glass Machine Factory,Insulating Glass Machine
Flat panel displays are video devices that replace the conventional cathode ray tube (CRT) with a thin panel design.Ultra-thin glass is widely used to manufacture flat panel displays such as LCD, LED, OLED screens, smartphone displays, and monitor screens.
Moreover, ultra-thin glass is used in the touch module of touch screen devices such as smartphones, tablets, and laptops.It provides fundamental functions for flat-panel display and touch screen devices such as high definition (HD) display, touch-control and scratch resistance, and protection to the screens.
Consumer electronic goods are being upgraded at a faster rate as the technological landscape is changing rapidly. Panel display components used in flat-panel display and touch-control devices have emerged as the most important downstream application products for ultra-thin glass substrates with the highest market demand.
Geographically, the ultra-thin glass market is segmented into North America, Europe, Asia Pacific (APAC), South and Central America (SAM), and Middle East & Africa (MEA).In 2020, Asia Pacific held the largest revenue share of the market and is also expected to register the highest CAGR during the forecast period.
The ultra-thin glass market across the region is projected to witness remarkable growth in the coming years owing to the rapidly expanding consumer electronics industry in countries such as China, Japan, and South Korea.China is one of the largest consumer electronics markets across the world, along with Japan and South Korea.
However, as the economies are planning to revive their operations, the demand for ultra-thin glass is expected to rise globally in the coming years.Due to the pandemic, the adoption of remote work culture and online education is growing.
Therefore, the demand for products such as laptops, smartphones, and other telecommunication devices is growing. The expanding demand for ultra-thin glass in various industries, such as automotive and consumer electronics, along with significant investments by prominent manufacturers is expected to drive the growth of the ultra-thin glass market during the forecast period.
Corning Incorporated; AGC Inc.; Nippon Electric Glass Co., Ltd.; SCHOTT AG; Central Glass Co., Ltd.; CSG Holding Co., Ltd.; Emerge Glass; Nippon Sheet Glass Co., Ltd; Xinyi Glass Holdings Limited; and Luoyang Glass Co., Ltd. are among the major players operating in the global ultra-thin glass market.
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